Bloggers are raising money and eyebrows

Caution: A nice long post by Michael Arrington about bloggers raising money and how the landscape could shape up. Just a month ago VentureBeat reported a $320,000 raise. In 2007 we saw Sugar Inc. ($10 million), GigaOm ($1 million), Xconomy, Blogher ($3.5 million) and The Huffington Post ($10 million) raise venture capital. (read full story at: techcrunch.com)